REG - Bellway PLC - CMA Consults on Proposed Housebuilder Commitments

BellwayAnnouncement

09/07/2025 07:30

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RNS Number : 3327Q  Bellway PLC  09 July 2025

Bellway p.l.c.

 

UK CMA consults on commitments to close its investigation into UK
housebuilders

 

9 July 2025

 

Bellway p.l.c. ('Bellway' or the 'Group') notes the UK Competition and Markets
Authority's ('CMA') announcement today that it is inviting views on voluntary
commitments offered by Bellway and six other UK housebuilders(1) as part of
the CMA's investigation(2) into the housebuilding sector.

 

Bellway has engaged proactively with the CMA throughout its investigation,
including by voluntarily offering binding commitments, alongside the six other
housebuilders, in response to the potential concerns investigated by the CMA,
and with a view to resolving expeditiously the investigation.

 

Under the terms of the offered commitments, Bellway will contribute £13.5
million to a total payment of £100 million to be paid by the seven UK
housebuilders in aggregate to government programmes that fund and support the
construction of affordable housing across the UK.

 

Bellway's offer of commitments does not constitute an admission of any
wrongdoing, and the CMA has made no determination as to the existence of any
infringement of competition law.

 

Bellway welcomes the CMA's consultation on the voluntary commitments and will
continue to work constructively with the CMA throughout the process.

 

 

Notes:

1    Barratt Redrow plc, The Berkeley Group plc, Bloor Homes Limited,
Persimmon plc, Taylor Wimpey plc, and Vistry Group plc.

2    A link to the CMA's investigation launched on 26 February 2024 is here
(https://www.gov.uk/cma-cases/investigation-into-suspected-anti-competitive-conduct-by-housebuilders)
.

 

 

For further information, please contact:

 

Bellway p.l.c.

Simon Scougall, Chief Commercial Officer and Company Secretary

Gavin Jago, Group Investor Relations Director

0191 217 0717

 

Media enquiries

Paul Lawler, Group Head of Communications

paul.lawler@bellway.co.uk

07813 392 669

 

Sodali & Co (Financial PR)

Justin Griffiths

Victoria Heslop

bellway@sodali.com

0207 250 1446

 

 

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to update or revise publicly any forward-looking statements, whether as a
result of new information, future events or otherwise.

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